Gap (GPS) NewsBite - Gap Posts Lower-Than-Expected Same-Store Sales
Posted on March 06, 2008 at 06:00 AM EST
Gap Inc. (GPS) opened at 20.00. So far today, the stock has hit a low of 19.42 and a high of 20.00. GPS is now trading at 19.69, down 0.83 (-4.15%). The stock hit its 52 week high of 22.02 in December and set its 52 week low of 15.20 in August. GPS has been generally up for the past year. Gap announced this morning its February same-store sales dropped 6% on tight inventory. Analysts had been expecting the retailer to post a...(Click the story link or go to http://www.marketintelligencecenter.com for the full story)